HoR Spokesperson: Monday’s session will mark the adoption of the budget and election laws
Libya's House of Representatives are set to approve the country's national budget next Monday according to the Parliament spokesperson
The House of Representatives’ Spokesperson, Abdullah Belhaq, said that the national budget, electoral legislation, electoral districts, and the General Intelligence position will be adopted on Monday.
Aguila Saleh, the Speaker of the House of Representatives, has asked all members to attend a meeting next Monday to vote on several critical topics.
Saleh emphasized that all members should accept their obligations by attending and participating in the upcoming session, all of which would be accomplished at that meeting, given the country’s conditions, via the participants.
In an interview with Reuters this week, the Speaker of the House warned that if Libyan national elections are postponed, the country will be thrown back to square one.
In terms of the national budget, Saleh projected that the original amount of 100 billion dinars would be reduced to 80 billion, which the parliament will pass on Monday.
The Libyan Parliament failed to accept the GNU’s general budget for the fifth time in a row, returning it to the administration for additional modifications and decreasing the number demanded by the GNU.
Libya’s Parliament has frequently postponed the national budget approval session over the last month and a half, bringing the country’s economy to a halt as the Government of National Unity cannot achieve the bulk of its announced objectives due to a shortage of cash.
As things stand, despite the Government of National Unity’s ongoing efforts to improve things, Libya’s energy situation has deteriorated, the country’s national budget is still stalled, severely hurting the economy, and the bulk of government institutions are still fragmented.
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